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Data Change: Venezuela - PPI - Rebased to 2007
Wednesday, 18 Sep 2019 16:53 ET
By Keith Golden
Summary
September 2019 -- For the detailed producer price index (Laspeyres method) for Venezuela, concurrent with dissemination of results for January, the source has advanced the base year from 1997 to 2007 (18 monthly series 1997 to 2013, replaced by 72 series from 2007; 18 defunct series 1997 to 2013).
Detail

After a five-year hiatus, the source has resumed reporting these indicators, and has increased the number of industrial branches from 17 to 35. We have also expanded our extract to include both the "excluding VAT" and "including VAT" variants.

In response, we have:

  1. Archived the 18 predecessors (1997=100, "excl. VAT", 1997m1 to 2013m12) by standardizing mnemonics, renaming with an "_97" specifier, marking metadata as "discontinued", and segregating in the catalog.
  2. Created replacements (2007=100, 36 series from 2007m1). 
  3. Added "PPI incl. VAT" (2007=100, 36 series from 2007m1).
  4. For history, added predecessor "PPI incl. VAT" (18 defunct series, 1997m1 to 2013m12).
  5. Synchronized our SA supplement for the general index.
  6. Refurbished the catalog.

Reported dataset properties:

  • Measurements
    • Producer price index excluding VAT
    • Producer price index including VAT
  • Base period: 2007
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Start date: 2007m1
  • Series count: 72

The series reside in the historical catalog (Venezuela » Price » Producer price index » by Laspeyres method » 2007=100) and include, for example: 

  • PPITTUM.IVEN    = Producer price index: General index [excl. VAT] - Laspeyres method, (Index 2007=100, NSA)
  • PPI1072VUM.IVEN = Manufacture of sugar [1072] [incl. VAT]

Defunct dataset:

  • Measurement:
    • Producer price index including VAT
  • Base period: 1997
  • Adjustment: Not seasonally adjusted (NSA)
  • Native frequency: Monthly
  • Date range: 1997m1 to 2013m12
  • Series count: 18

The series reside in the historical catalog (Venezuela » Price » Producer price index » by Laspeyres method » 1997=100 [DISCONTINUED]) and include, for example: 

  • PPITTVL_97UM.IVEN = [DISCONTINUED] Producer price index: General index [incl. VAT], (Index 1997=100, NSA)
  • PPI27VL_97UM.IVEN = [DISCONTINUED] Manufacture of basic metals [incl. VAT]
Because catalog locations are subject to change, the upper-right search box on DataBuffet.com provides a "find in catalog" mode that accepts a mnemonic. 

See also

Other
Related ReleaseProducer Price Index
SourceCentral Bank of Venezuela
FrequencyMonthly
GeographyVenezuela
Catalog
Upcoming
Release DateReference date
28 Jan 2020Mar 2019
28 Jan 2020Feb 2019